$BTC Weekly chart is good for hopium. Golden ratio, 55 EMA acting as dynamic support, we are only retesting the previously broken trendline. Fit the bull scenario for that incoming bounce. Unless it break and try to go reach the next Fibo level!! It is only the 3rd attempt from the bears, bulls did break that trendline on their 3rd attempt. What's the saying, 3rd...
Quick $BTC update. This is the 1st draw, more analysis need to be done. 1st we need to have confirmation of the bounce, $BTC need to stay above the 1st target $7.6K then retest it to turn it into support. And the same goes for each targets. Targets on the chart. Check my twitter for more details on the move from $8450 to $7160 ( I was off a few $$ only) Trade safe!!
Check out my previous BTC analysis where I gave the outcome of a potential bounce from the 7K area. As stated in the analysis we need to break and stay above the 1st Target/Resistance. This chart is showing what could happen if that bounce was just a big failed. BTC will stay in the downtrend and possibly go back testing lower support 6K area. Trade Safe
Ascending triangles after a big move down, are generally follow by more downtrend. Watch for the break out and play it as it fit your style. Trade safe!!
Chart should speak by itself. But in case it doesn't, you can see the yellow circles mark what was once the resistance, which is now a strong support. The more an area of resistance/support is tested the stronger it is. It happen to be the Fibo 0.786, what a coincidence!!! For a long term investment, we can be pretty sure this a really good accumulation zone!!!...
BTC 4H Chart should speak by itself but in case it doesn't, gOOgle those terms and then the chart should be reveal to you!!! 1) RSI bullish divergence. 2) Falling wedge 3) Fibonacci golden ratio 4) BTC fractal patterns I might be missing some, I might be wrong, I am not telling you to follow me, financial advise bla bla, you know the song. TRADE SAFE!!!
If last week was indeed a trend reversal and the beginning of ALt season like Crypto Twitter sentiment seem to be then this little gem should pop during the next leg up. Either you want swing trade or long term investment, this look like a gem to me. No one is really looking at it but it shouldn't be long before some of the Crypto Shilling guys get on it. Still...
If that Bart Simpson squeezing margin leverage whale/bot liquidation hunt pattern, or whatever else you want to call it, is coming back it will fit with my 2014 "fractal" analysis (available on my twitter). Let's watch, we also have a more classical pattern forming here with H&S...
ONE of the possible outcome here on XRP. We have Inverted H&S Pattern forming, only if we are going up from here and break the neckline will the pattern be confirmed. It should not be considered financial or investment advice of any kind. This is only my opinion, make of it what you wish.
I had this projection for a while now and it does look like it is heading in that direction. Of course I might be wrong and this is not a financial advise. 1st Target $35.5 (Short) 2nd Target $26 (after b is confirmed with a short position again) Trade safely, don't put your family's rent and food on the line.
It look promising, if we close the 1H breaking up that triangle. We have at least 3 indicators showing a bullish sign. If BTC fail to break it up it is probably going back under the cloud to $10.5K and from there either bounce back and try to break resistance again. We saw a strong buy wall around the $10K. Now you got options to act or wait on the side line. The...
Do we have a correct symmetrical triangle pattern? Could this be our next target? As usual I'm not telling you to follow me on this idea, I am just posting this idea to get constructive feedback on my learning path. Thank you and good luck on your journey.
As you know I'm just starting in Crypto trading so thi is just an hypothesis on QASH next ATH. I am not telling anyone to follow me on this trade. Constructive feedbacks are more than welcome, we learn eceryday so please teach us away. Good luck in your trades friends. 1st Target : $2.2
I'm not publishing this idea for people to follow me on it but to get feedback on my learning path (if you are willing to help me please comment away.) Thank you.
As usual I'm new at this and here to learn so please feel free to teach me away.
Hi guys, I'm new to all of this (Trading, Crypto, Trading View etc...) I wanted to post this to ask everyone that got more experience their opinion but by the time I manged to post it, it already exit the handle. I'm here to learn so please teach me away. I would love for 1st lesson IF I was right on the pattern, to find targets, how should I do? Fibo? Happy New Year.
If it close above triangle on 1H chart, do you think it will reach $3 which is the Fibo 1,618. Please let me know what you think and if I did anything wrong in my reading of the chart. Again I'm here to learn so please teach away in the comments. I do not post that for people to follow me on the idea,I just want feedback and if I am in the right direction in my...